Another Cap1 Thread :p

i was just wondering. since i have had my cap1 500cl card for 18 months with no lates and cant see to get a cli no matter what i do.

should i just call everyday multiple times a day? i mean what do i have to lose. I know they keep record of every time you call but hey i really dont care. i just got my new shiny 5000cl Justice Fed card yesterday so im sick of this crap from cap1.

Re: Another Cap1 Thread :p

I'd call once a month or so. You can always call and ask for the credit department and try to recon those CLI denials. Capital One starts out giving good initial CLI's, but they seem to slack off after 6 months. IMO, if you have good scores and low utilization, you should get the CLI if you talk to someone in the credit department. Not a CSR or Account Specialist but an actual underwriter.

Re: Another Cap1 Thread :p

Since some Capital One cards are made so they don't quailify for credit limit increases (and I had one like that), I applies for a second card and was approved ($750). I checked out the second card tho. I WILL be able to get credit line increases.

I just wish Capital One would tell us whether or not we have cards that quailify for credit line increases. Then we won't wait months and months asking for someting they know we won't get. Especially when the solution is just to get a second card that will qualify for the increases.

Re: Another Cap1 Thread :p

I'd call once a month or so. You can always call and ask for the credit department and try to recon those CLI denials. Capital One starts out giving good initial CLI's, but they seem to slack off after 6 months. IMO, if you have good scores and low utilization, you should get the CLI if you talk to someone in the credit department. Not a CSR or Account Specialist but an actual underwriter.

Have you actually done this personally unkown_entity and had it work? If so do you mind sharing the details? I've had a card with them for years and they only gave me $258 increase on it recently.

Another tactic I've read in another thread is that if you try to close your account, they will increase your CL as incentive to keep the account open. I'm afraid to go that route and have it backfire on me. I hope to combine the 2 accounts I have with them down the road.

Re: Another Cap1 Thread :p

ruggiero06 wrote:well i really dont want to apply for another cap1 card and take the inq. hit just to combine the two cards limits...im thinking if i dont have CLI by november im canceling it.

I recently called to cancel my $500 capital one credit card. I thought I was persistent. They went to 1K and waived the annual fee for one year. They tried to say I could do either or, but I said I had too many other cards with no fee and this card was dragging me down.

They insisted this was the card to have in my wallet! LOL!

Whatever, I am keeping it for now because it is one of the oldest. But I never use them so a CLI probably would not make sense to them anyway.

I do not recommend calling to cancel just to get the CLI if you are not ready to actually cancel. But I have seen others on the forum who went to close it out and Capital One raised them as well.

Re: Another Cap1 Thread :p

I've had my C1 card for about 2.5 years now. I've only received one CLI. However, I've only called them one time about it, and that was in response to a mailer they sent telling me to call to upgrade my card.

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